Sofar Sounds Limited
07561876
Notable Risks
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 01/01/2025
Due 15/01/2026
Industry
Officers
Former
director · Resigned 11/01/2012
secretary · Resigned 01/08/2014
director · Resigned 31/08/2016
director · Resigned 06/02/2018
director · Resigned 30/04/2024
director · Resigned 26/09/2024
director · Resigned 28/07/2025
Persons with Significant Control
Former PSCs
Octopus Titan Vct Plc
Ceased 11/03/2021
Change History
Active - Proposal to Strike off
Private Limited Company
52 TABERNACLE STREET
LONDON
CompanyRankvs 3014+ SIC 90020 peers54
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Page 6 continued... SOFAR SOUNDS LIMITED (REGISTERED NUMBER: 07561876) NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2019 3. ACCOUNTING POLICIES - continued Going concern The company has assessed the Covid-19 impact on its ability to continue as a going concern. The company considers that the events arising from the Covid-19 outbreak do not impact on its use of the g
Key FinancialsYear ending 31/12/2019
Net Worth
£15
Balance sheet strength
Cash
£1.7M
Cash in the bank
Net Current Assets
£18.9M
Working capital
Current Assets
£19.5M
Current Liabilities
£620k
Fixed Assets
£336k
Debtors
£17.8M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2019 | 31.46 |
| 2018 | 8.47 |
Derived from filed accounts. Not audited figures.